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Futura Medical (LON:FUM) Stock Price Down 50.4% - Here's What Happened

Futura Medical logo with Medical background

Futura Medical plc (LON:FUM - Get Free Report)'s stock price was down 50.4% during trading on Thursday . The stock traded as low as GBX 12 ($0.15) and last traded at GBX 15.37 ($0.19). Approximately 7,146,634 shares traded hands during trading, an increase of 1,069% from the average daily volume of 611,389 shares. The stock had previously closed at GBX 31 ($0.38).

Futura Medical Stock Up 2.8 %

The company has a market capitalization of £51.29 million, a PE ratio of -1,696.00 and a beta of 1.25. The stock's fifty day moving average price is GBX 31.40 and its two-hundred day moving average price is GBX 33.81.

Futura Medical Company Profile

(Get Free Report)

Futura Medical plc, a pharmaceutical company, develops pharmaceutical and healthcare products for the consumer healthcare markets focusing on sexual health and pain relief management. Its lead product is MED3000, a topical gel for the treatment of erectile dysfunction. The company also develops pain relief products, including TPR100, a topical diclofenac pain relief gel; CBD100, a topical cannabidiol formulation; and TIB200, a topical ibuprofen pain relief gel.

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